1

Quantitative Risk Manager Jobs in Pittsburgh, PA

This position is also responsible for developing quantitative tools used in the areas of pricing ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

This position is also responsible for developing quantitative tools used in the areas of pricing ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

... where advanced quantitative & technical skills can help tackle problems, plan and develop prototype solutions, and create final products designed to better manage risk. You'll work with ...

next page

Showing results 1-20

Quantitative Risk Manager information

See Pittsburgh, PA salary details

$48.1K

$104.2K

$158.9K

How much do quantitative risk manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for quantitative risk manager in Pittsburgh, PA is $104,241.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,100.00 and $120,500.00 per year, depending on experience, location, and employer.

What can I do with a quantitative risk management degree?

A degree in quantitative risk management prepares individuals for roles such as risk analyst, risk manager, or quantitative analyst in finance, insurance, or consulting firms. These roles involve assessing and modeling financial risks using statistical tools, programming languages like Python or R, and risk management frameworks. Professionals in this field often work with regulatory compliance and may pursue certifications like FRM or PRM.

What is the salary of a quant risk manager?

A quantitative risk manager's salary typically ranges from $100,000 to $200,000 annually, with higher compensation often associated with experience, advanced degrees, and certifications such as FRM or CFA. In addition to base salary, bonuses and performance incentives can significantly increase total compensation in this role.

What does a quantitative risk manager do?

A quantitative risk manager analyzes financial data and models to identify, measure, and manage risks within an organization. They use statistical techniques, programming skills, and risk management tools to develop strategies that minimize potential losses and ensure regulatory compliance.

How does a Quantitative Risk Manager typically collaborate with other departments within a financial institution?

Quantitative Risk Managers work closely with teams such as trading, compliance, IT, and senior management to identify, measure, and mitigate financial risks. They often translate complex quantitative models into actionable insights for non-technical stakeholders and facilitate the integration of risk metrics into daily decision-making processes. Collaboration is essential for ensuring that risk assessments align with business objectives and regulatory requirements, often requiring regular cross-functional meetings and clear communication.

What are the key skills and qualifications needed to thrive as a Quantitative Risk Manager, and why are they important?

To thrive as a Quantitative Risk Manager, you need strong analytical abilities, a deep understanding of statistics and financial mathematics, and typically an advanced degree in finance, mathematics, or a related field. Proficiency in programming languages like Python or R, experience with risk modeling software, and certifications such as FRM or CFA are highly valuable. Exceptional problem-solving, communication, and collaboration skills help you convey complex risk metrics to stakeholders and work effectively in cross-functional teams. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making in dynamic financial environments.

How much do quant risk managers make?

Quantitative risk managers typically earn between $100,000 and $200,000 annually, with senior roles and those in major financial centers earning higher salaries. Compensation often includes bonuses and benefits, and strong skills in mathematics, programming, and risk modeling are essential for higher-paying positions.

What is a Quantitative Risk Manager?

A Quantitative Risk Manager is a professional who uses mathematical models, statistical analysis, and quantitative techniques to identify, measure, and manage financial risks within an organization. They often work in banks, investment firms, or insurance companies to analyze market, credit, and operational risks. Their responsibilities include developing risk models, monitoring risk exposures, and advising senior management on risk mitigation strategies. They play a key role in ensuring that organizations make informed decisions and comply with regulatory requirements.

What is the difference between Quantitative Risk Manager vs Quantitative Analyst?

AspectQuantitative Risk ManagerQuantitative Analyst
Primary FocusAssessing and managing risk exposure across financial portfoliosDeveloping models and algorithms for investment strategies
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like FRM or CFADegrees in finance, mathematics, or statistics; often pursuing CFA or similar
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, hedge funds, banks
Key SkillsRisk assessment, regulatory knowledge, quantitative modelingData analysis, programming, financial modeling

While both roles involve quantitative skills and financial knowledge, Quantitative Risk Managers focus on identifying and mitigating risks within organizations, whereas Quantitative Analysts primarily develop models to inform investment decisions. Understanding these differences helps professionals choose the right career path or job search focus.

What are popular job titles related to Quantitative Risk Manager jobs in Pittsburgh, PA? For Quantitative Risk Manager jobs in Pittsburgh, PA, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Pittsburgh, PA look for? The top searched job categories for Quantitative Risk Manager jobs in Pittsburgh, PA are:
What cities near Pittsburgh, PA are hiring for Quantitative Risk Manager jobs? Cities near Pittsburgh, PA with the most Quantitative Risk Manager job openings:
Infographic showing various Quantitative Risk Manager job openings in Pittsburgh, PA as of July 2026, with employment types broken down into 96% Full Time, and 4% Part Time. Highlights an 84% In-person, 8% Hybrid, and 8% Remote job distribution, with an average salary of $104,241 per year, or $50.1 per hour.
Lead Risk Manager - Cranberry, PA

Lead Risk Manager - Cranberry, PA

Veteran Jobs - 2023 Mar 01 - Veterans Resources

Cranberry Township, PA • Hybrid

$116K - $146K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago


Job description

On behalf of VetJobs/MilitarySpouseJobs, thank you for your interest. We are assisting our partnering company, listed below, with this position. It is open to Veterans, Transitioning Military, National Guard Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow for next steps.
Requisition Number:  24975
Company:  Westinghouse Electric Co
Location:  Cranberry Township, US
Are you interested in being part of an innovative team that supports Westinghouse's mission to provide clean energy solutions? At Westinghouse, we recognize that our employees are our most valuable asset and we seek to identify, attract and recruit the most qualified talent while recognizing and encouraging the value of diversity in the global workplace.
About the role:
As the Lead Risk Manager for the OPX Americas Business Unit, you will provide independent portfolio-level risk oversight across Engineering and Services projects and portfolios to ensure that commercial, execution, financial, technical, and strategic risks are proactively identified, assessed, governed, and communicated throughout the project lifecycle (from bid and contract award through delivery, commissioning, and closeout). You will act as a subject matter expert enabling informed decision-making, predictability, and value protection by aligning risk-taking with approved risk appetite, governance frameworks, and business objectives across the portfolio.
You will report to the Portfolio Risk Manager and will be based out of our Cranberry Township, PA facility.
Key Responsibilities:
Maintain a consolidated view of top risks across the OPX Business Portfolio of Projects in Engineering Services, Outage & Maintenance Services, Instrumentation & Control and Parts (e.g., design maturity, procurement, field execution, commissioning, warranty/service obligations).
Identify systemic risk patterns, trends, and emerging exposures impacting portfolio delivery, cost/schedule performance, quality, and safety.
Lead risk assessments for engineering and services offers in line with global Offer Risk Review and Approval processes.
Ensure commercial, contractual, technical (scope, interfaces, design maturity), financial, and execution risks (access, site conditions, outage/turnaround constraints, resourcing) are identified, documented, and mitigated prior to approval.
Support stakeholder alignment and endorsement through structured risk reviews with Engineering, Project Management, Services/Field Operations, Supply Chain, Quality, Trade & Compliance and Finance.
Provide independent assessment of risk exposure, contingencies, and risk transfer prior to contract approval, including lifecycle obligations (warranty, spares, and service levels), and drive clarity on accountability and mitigation commitments.
Implement governance processes and support contract handover, engineering kickoff, healthy start, and monthly project/services reviews.
Oversee the quality and consistency of project risk registers during execution using approved tools and risk breakdown structures aligned to engineering work packages and site/field activities.
Monitor mitigation ownership and effectiveness, escalating where governance standards (including EHS, quality, and subcontractor controls) are not met.
Track portfolio risk exposure, mitigation progress, residual risk, and impacts to cost/schedule, claims, and service performance.
Support integrated portfolio-level risk reviews and drive lessons learned back into engineering and services playbooks.
Assess portfolio risk maturity, identify gaps, and partner with Portfolio Directors to define improvement plans.
Promote consistent application of corporate risk policies, tools, and best practices.
Qualifications:
Bachelor's degree in Engineering, Business, Finance, Project Management, or a related field.
10+ years of experience in project or portfolio risk management, preferably in engineering, energy, nuclear, or similarly complex project environments.
Strong facilitation skills for crossfunctional technical and commercial discussions.
Knowledge of qualitative and quantitative risk assessment methodologies and enterprise risk tools (e.g., ARM).
Understanding of Offer development processes, offer governance requirements, and commercial risk evaluation.
We are committed to transparency and equity in all of our people practices. The base salary range for this position, which is dependent upon experience, qualifications and skills, is estimated to be $116,800.00 to $146,000.00 per year.
#LI-Hybrid
Why Westinghouse?
Our benefits package is tailored to meet the diverse needs of our employees, while also promoting wellness and career growth. The following are representative of what we offer:
Comprehensive Medical benefits which could include medical, dental, vision, prescription coverage and Health Savings Account (HSA) with employer contributions options
Wellness Programs designed to support employees in maintaining their health and well-being including Employee Assistance Program providing support for our employees and their household members
401(k) with Company Match Contributions to support employees' retirement
Paid Vacations and Company Holidays
Opportunities for Flexible Work Arrangements to promote work-life balance
Educational Reimbursement and Comprehensive Career Programs to help employees grow in their careers
Global Recognition and Service Programs to celebrate employee accomplishments and service
Employee Referral Program
Westinghouse Electric Company is the global nuclear energy industry's first choice for safe, clean, and efficient energy solutions. We enable our delivery of this vision by living our value system:
Safety and Quality
Integrity and Trust
Customer Focus and Innovation
Speed and Passion to Win
Teamwork and Accountability
While our Global Headquarters are located in Cranberry Township, PA, we have over 11,000 employees working at locations in 19 different countries. You can learn more by visiting http://www.westinghousenuclear.com.
Westinghouse is an Equal Opportunity Employer including Veterans and Individuals with Disabilities
Get connected with Westinghouse on social media: Twitter | Facebook | LinkedIn| YouTube
Employment opportunities may require access to information which is subject to the export control regulations of the United States. Hiring decisions for such positions are required by law to be made in compliance with these regulations. Applicants for employment opportunities in other countries must be able to meet the comparable export control requirements of that country and of the United States.